Net margin is calculated as Net Income divided by its Revenue. Apple Inc's Net Income for the
three
months ended in Sep. 2018 was $14,125 Mil. Apple Inc's Revenue for the
three
months ended in Sep. 2018 was $62,900 Mil. Therefore, Apple Inc's net margin for the quarter that ended in Sep. 2018 was 22.46%.

NAS:AAPL's Net Margin % is ranked higher than
96% of the 2203
Companies
in the Global industry.

( Industry Median: 3.56
vs. NAS:AAPL: 22.41
)

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Apple Inc Annual Data

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Net Margin %

21.61

22.85

21.19

21.09

22.41

Apple Inc Quarterly Data

Dec13

Mar14

Jun14

Sep14

Dec14

Mar15

Jun15

Sep15

Dec15

Mar16

Jun16

Sep16

Dec16

Mar17

Jun17

Sep17

Dec17

Mar18

Jun18

Sep18

Net Margin %

20.38

22.73

22.61

21.63

22.46

Competitive Comparison

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.

Apple Inc Distribution

* The bar in red indicates where Apple Inc's Net Margin % falls into.

Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Apple Inc's Net Margin for the fiscal year that ended in Sep. 2018 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

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